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Showing posts from July, 2024

Sulfasalazine Market Primed for Growth owing to Increasing Demand of Rheumatoid Arthritis Treatment

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  Sulfasalazine Market Trends The sulfasalazine market has witnessed significant growth over the past few years owing to increasing prevalence of autoimmune and inflammatory diseases globally. Sulfasalazine is an anti-inflammatory drug used primarily in the treatment of rheumatoid arthritis and inflammatory bowel disease. It works by reducing inflammation and pain in joints and bowel. The drug is available in delayed-release tablets and powder form for oral administration. Its advantages over other anti-inflammatory drugs include minimal side effects, low cost, and prolonged disease remission. The global sulfasalazine market is estimated to be valued at US$ 2.32 Bn in 2024 and is expected to exhibit a CAGR of 18.% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the sulfasalazine market are Ophthotech Corporation, Aptamer Sciences, Inc., Novartis AG, NeoNeuro SAS, Aptagen LLC, Aptus Biotech S.L., AM Biotechnologies, LLC, Base Pair Biotechnologies, V...

Sports Equipment Market is Anticipated to Witness High Growth Owing to Increased Participation in Sports and Fitness Activities

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  Sports Equipment Market Size The sports equipment market comprises equipments and gears essential for participating in various sports activities such as cricket, football, tennis, badminton, basketball and other sports. Sports equipments including apparel, footwear and protective gear are necessary to play sports and prevent injuries. There has been rise in health awareness and focus on fitness among people, driving increased participation in sports and outdoors activities. In addition, greater access to sports through community parks, playgrounds and growth of professional leagues has promoted sports culture. This has significantly fueled the demand for various sports equipments. The Global sports equipment market is estimated to be valued at US$ 622.08 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the sports equipment are Nike Inc., Adidas AG, Amer Sports, New Balance Athletics, Inc., Daei...

Head and Neck Cancer Drugs Market Growth to be Driven by Increasing Incidence of Head and Neck Cancer Cases

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  Head and Neck Cancer Drugs Market Demand The head and neck cancer drugs market is an important segment of the oncology therapeutics industry. The drugs used for treatment of head and neck cancer aim to induce tumor regression, enhance survival, and improve quality of life. These drugs are used either alone or in combination with radiation therapy or surgery. The market is estimated to be valued at US$ 2288.22 Bn in 2024 and is expected to exhibit a CAGR of 8.2% over the forecast period 2024 to 2031. Head and Neck Cancer Drugs Market Demand originate in the sinuses, lips, mouth, throat, larynx or neck. Risk factors for these cancers include tobacco use, alcohol consumption, virus infection like HPV and exposure to strong sunlight. According to WHO, around 750,000 new cases of head and neck cancer are reported annually worldwide. This increasing incidence of head and neck cancer is driving the demand for effective treatment options and hence the growth of this market. Drugs use...

Cosmetic Packaging Market is poised to transform through sustainable designs by 2024

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Cosmetic Packaging Market   Demand   The global cosmetic packaging market comprises packaging solutions used for a wide range of cosmetic products including skin care, hair care, make-up, perfumes and fragrances. Cosmetic packaging provides product safety, avoids spillage and shelf impact while promoting the brand appeal through attractive designs. Manufacturers opt for eco-friendly materials and sustainable options such as bio-plastics and reusable containers to reduce plastic waste. The Global Cosmetic Packaging Market is estimated to be valued at US$ 36390.2 Mn in 2024 and is expected to exhibit a CAGR of 8.6% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the cosmetic packaging are Abbott Laboratories, Baxter International Inc., Danone S.A., Nestlé S.A., GlaxoSmithKline plc., Sun Pharmaceutical Industries Ltd., Fresenius Kabi AG, BASF, Zeon Lifesciences Ltd., Mead Johnson & Company, LLC., B. Braun Melsungen AG., Nutrimed Healthcare P...

Passive Electronic Components Market is Trending towards Sustainable Energy Storage by Cost-effectiveness

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Passive Electronic Components Market   Demand  The passive electronic components market comprises of discreet passive components such as resistors, capacitors, and inductors that are commonly used for specialized applications involving signal processing, power control, voltage regulation, noise filtering, timing and more. These components dissipate minimal or no power during operation and provide ease of manufacturing, miniaturization, and cost-effectiveness. The global passive electronic components demand has been rising notably over the years due to increasing digitization across industries enabled by technologies such as IoT, AI, and cloud computing. The Global Passive Electronic Components Market is estimated to be valued at US$ 41.66 Bn in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the passive electronic components market are ABB Ltd., LG Chem, Ltd., Samsung SDI Co., Ltd, General Electric C...

High Pressure Grinding Roller (HPGR) Market Poised to Witness High Growth Owing to Rising Need for Energy-Efficient Comminution Technology

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  High Pressure Grinding Roller (HPGR) Market   Size The high pressure grinding roller (HPGR) market has been gaining prominence over the recent years on account of its ability to achieve energy savings of around 40-60% as compared to conventional grinding technologies such as autogenous mill, ball mill and rod mills. HPGR technology utilizes two counter rotating steel rollers under enormous pressure to crush and grind materials into extremely fine powder without impact. The grinding action results from grinding of particles between the two rollers and subsequent inter-particle breakage. Compared to conventional technologies, HPGR improves comminution efficiency by eliminating intermediate steps in the grinding process owing to its ability to conduct size reduction through compression as against impact crushing. The technology also offers advantages of cost savings, easing process bottlenecks, reducing capital and maintenance costs. Moreover, HPGR aids in gentle size reduction...

Acrylic Teeth Market is Estimated to Witness High Growth Owing to Advanced CAD/CAM Technology

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  Acrylic Teeth Market   Demand Acrylic teeth, also known as denture teeth, are artificial teeth made out of acrylic resin for the replacement of missing teeth. They are fixed to dentures and offer an affordable and aesthetic alternative to natural teeth. Acrylic teeth exhibit excellent biocompatibility, low cost of production, high durability, are easy to mold into desired shapes, and can replicate the functions of natural teeth such as chewing, biting, and speaking. They are preferred over other materials such as porcelain and composite resin due to their strength. The Global Acrylic Teeth Market is estimated to be valued at US$ 478.8 Mn in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the Acrylic Teeth Market are Dentsply Sirona, Wiedent, Jaypee Dent, MAKEVALE, Yamahachi Dental Mfg., Co., SHOFU Dental Corporation, VITA Zahnfabrik, SDI Limited, Polident Dental Products, Schottlander, Lang Dent...

The Global Pallet Market is Experiencing Growth through Automation

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  Pallet Market Demand The pallet market is benefiting from trends towards increased automation as pallets facilitate the efficient movement of goods through automated handling and transportation. Pallets provide a stable platform for the lifting and transportation of goods and materials by automated systems like forklifts, conveyor belts, palletizers and depalletizers. Pallets are widely used in manufacturing, warehousing and distribution to enable the smooth functioning of supply chain operations. They improve productivity by allowing for the more efficient storage and movement of products. Typical applications include the transportation and storage of raw materials, work-in-progress inventory and finished goods. The use of pallets assists industries across all sectors in reducing costs through optimized material handling. The Global Pallet Market is estimated to be valued at US$ 34.59 Bn in 2024 and is expected to exhibit a CAGR of 16% over the forecast period from 2024 to 203...

India Medical Nutrition Market Poised For Strong Growth During 2024-2031

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India Medical Nutrition Market Demand  The medical nutrition market in India is estimated to witness high growth owing to rising prevalence of chronic diseases. Medical nutrition products provide balanced nutrition and help manage various health conditions. The market comprises dietary supplements and enteral formulas that cater to nutrition needs of patients suffering from chronic kidney disease, diabetes, cancer and more. The global India medical nutrition market is estimated to be valued at US$ 4.3 Bn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the India medical nutrition market are Keith Prowse, RTR Sports Marketing Ltd, ATPI Ltd, RK Sports Hospitality, White Label Hospitality, CSM Sports and Entertainment LLP, DTB Sports Hospitality and Event Management Limited, Honey & Co. Ltd, Wood Media Group Ltd, Hospitality Finder, Legends International, On Location Experiences, QuintEvents, Sports...

Gummy Supplements Market Poised for Rapid Growth Due to Increasing Health Consciousness

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Gummy Supplements Market Demand Market Overview: Gummy supplements are chewable supplements enriched with essential vitamins and minerals. They come in various fruity flavors and shapes that make them appealing for people of all ages. Gummy supplements deliver vital nutrients while also providing a tasty snacking alternative to traditional pills and powders. They help fulfill dietary gaps and promote overall health and wellness. The global gummy supplements industry has witnessed an uptick in demand over the years owing to rising awareness about preventive healthcare measures. The Global gummy supplements market is estimated to be valued at US$ 4716.17 Mn in 2024 and is expected to exhibit a CAGR of 9.3% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the gummy supplements market include Diebold Nixdorf, Inc., DXC Technology, ECR Software Corporation, Fujitsu, ITAB Group, NCR Corporation, Pan-Oston Corporation, ShelfX Inc., Slabb Inc., and Toshib...

Corn Grit Market is in Trends by Growing Demand for Gluten-free Food Products

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  Corn Grit Market Growth The corn grit market comprises corn grit products that are used to add texture and flavor in food preparations. Corn grits are coarse particles of dried corn kernels that add a pleasant crunch to recipes. They serve as a gluten-free alternative to wheat grains and are highly nutritious owing to their protein, fiber, and mineral content. Corn grits find wide applications in preparations of soups, casseroles, baked goods, and breakfast porridges. The Global Corn Grit Market is estimated to be valued at US$ 1032.31 Bn in 2024 and is expected to exhibit a CAGR of 13.% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the corn grit market are Cargill Incorporated, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Tate & Lyle PLC, Didion Milling, Semo Milling, Agrana Beteiligungs-AG, The Andersons, Inc., LifeLine Foods. Key players like Cargill and ADM account for a major share of the market through ...

Prebiotics For Dietary Supplements Market to Exhibit Growth Driven by Rising Awareness Regarding Gut Health

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Prebiotics For Dietary Supplements Market Demand Prebiotics are non-digestible food ingredients that stimulate the growth and activity of beneficial microorganisms such as probiotics in the gut. They provide several health benefits including improved digestion, immunity and weight management. The global prebiotics for dietary supplements market is estimated to be valued at US$ 2800.4 Bn in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period of 2024 To 2031. Key Takeaways Key players: Key players operating in the prebiotics for dietary supplements market include 3M Company, Acme United Corporation, AdvaCare Canadian Safety Supplies, Beiersdorf AG, Certified Safety Manufacturing, Cramer Products, Dynamic Safety USA, and Fieldtex Products Inc. among others. Key opportunities: Increasing health consciousness among consumers has boosted consumption of Prebiotics For Dietary Supplements Market Demand enriched with prebiotics. Also, growing awareness regarding gut he...